Iâm going to open a BIG LONG on $BTC here. đ
TP: $84,744 â $86,520
SL: $82,200
You know why Iâm going LONG on BTC?
On the 4H chart, BTC just made a sharp sell-off into the $82.9K support zone and left a long lower wick around $82.2K. That looks like a liquidity sweep sellers pushed price below the recent support, but buyers stepped in and reclaimed the area.
That reaction is what Iâm watching.
If $82.9K continues to hold, BTC has room to climb back toward the previous resistance at $84.74K. A clean break above that level could then expose the bigger liquidity/resistance zone around $86.52K.
So Iâm not chasing the dump. Iâm looking for the reclaim after the liquidity grab.
$82.2K is the key invalidation. If BTC loses that area decisively, this LONG setup is no longer valid. đŻ
TP: $84,744 â $86,520
SL: $82,200
You know why Iâm going LONG on BTC?
On the 4H chart, BTC just made a sharp sell-off into the $82.9K support zone and left a long lower wick around $82.2K. That looks like a liquidity sweep sellers pushed price below the recent support, but buyers stepped in and reclaimed the area.
That reaction is what Iâm watching.
If $82.9K continues to hold, BTC has room to climb back toward the previous resistance at $84.74K. A clean break above that level could then expose the bigger liquidity/resistance zone around $86.52K.
So Iâm not chasing the dump. Iâm looking for the reclaim after the liquidity grab.
$82.2K is the key invalidation. If BTC loses that area decisively, this LONG setup is no longer valid. đŻ